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GatoGordo

(2,412 posts)
Tue Nov 28, 2017, 01:37 PM Nov 2017

Chavez would roll over in his crypt! Selling to China and Russia what he nationalized

Bloomberg: PDVSA will seek partners to stop the Venezuelan refineries
Nov 27, 2017 10:34 am
By Amy Stillman and Laura Millanpara

Iván Freites, head of the oil workers' union of PDVSA, informed through a telephone interview that workers in Cardón and Amuay believe that these refineries could be sold or leased to foreign companies.

Apparently, PdVSA would be in talks with China, Russian oil company Rosneft and the Iranians to negotiate contracts could range between 1.5 and 7 trillion dollars for a period of 10-15 years, revealed the union leader.

"The Cardon and Amuay refineries are operating at significantly reduced rates, while El Palito, Puerto La Cruz and Bajo Grande are" completely paralyzed, "he added.

"The situation is very serious because not enough oil is produced to maintain production in the refineries," explains Freites.

It was also known that Cardón is operating at 100 thousand barrels of oil per day; while Amuay would be processing about 250 thousand barrels of oil per day.

When contacting the official PdVSA spokespersons, they did not answer the phone calls.

https://www.lapatilla.com/site/2017/11/27/bloomberg-pdvsa-buscara-socios-ante-paralizacion-de-las-refinerias-venezolanas/

Last month, technicians and suits from Russia and China were seen inspecting the refineries in Amuay and Cardón for three weeks. It is thought that the financial lifeline recently thrown to Chavismo came at the cost of these Venezuelan properties.

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